Search Acumen Comments On ONS Construction Figures
Today’s construction figures show the value of construction new work in Great Britain continued to rise in 2018, reaching its highest level on record at £113,127 million; this was driven by growth in public sector work of £2,697 million and to a lesser extent growth in the private sector of £750 million. Moreover, the number […]
Search Acumen Comments On The Digitisation of the Local Land Charges Register For The London Borough of Lambeth
Since 2015, there have been 19,954 property transactions in the London Borough of Lambeth valuing just over £13.5bn Of those, around 85% (16,872) were residential property transactions, totalling nearly £10bn. Lambeth has experienced 3,082 commercial real estate transactions since 2015, totalling £3.4bn In the first half of 2019, the number of property transactions in Lambeth […]
Search Acumen comments on HMRC’s Monthly Property Transactions for July
Andy Sommerville, Director of Search Acumen, comments: “Much like this rainy August, there wasn’t much sunshine to be found in the property market this past month, as a muted July tells us that most potential home buyers are still concerned about the looming Brexit deadline. “And the gloom is not set to abate any time […]
Search Acumen Comments On ONS Construction Figures
Andy Sommerville, Director of Search Acumen, comments: “UK construction continues to run, but nobody seems to know what on, or indeed, for how long. Elsewhere this week, experts have been discussing a potential crisis hitting the property market in twelve weeks’ time as UK markets continue to bristle with anxiety ahead of the Brexit deadline. […]
Search Acumen Comments On HMRC’s Monthly Property Transactions for June
Andy Sommerville, Director of Search Acumen, comments: “We regularly measure the rate of property transactions and our findings are mirroring those of HM Revenue & Customs – the Brexit effect has finally taken hold of the housing sector with transaction levels falling in June. “Property owners are opting for a ‘wait and see’ approach before […]
Search Acumen Report: Commercial Real Estate Volumes Grew By 20% Since 2016
Contrary to some doom-laden headlines we’ve been seeing in the last year, our new data-driven study found that the commercial real estate sector is healthy across England and Wales. In June 2019, we published our commercial real estate report examining the trends in transactions in non-residential properties in England and Wales using HM Land Registry’s […]
Search Acumen Comments On The Digitisation Of The Local Land Charges Register For Norwich City Council
Since 2016, there have been 7,765 property transactions in Norwich City Council valuing just over £1.9bn Of those, just over 85% (6,629) were residential property transactions, totalling around £1.43bn. Norwich has experienced 1,136 commercial real estate transactions since 2016, totalling £496m In 2018, the number of commercial property transactions in Norwich rose by close to […]
Search Acumen Comments On ONS Construction Figures
Andy Sommerville, Director of Search Acumen, comments: “We recently heard that house building has hit a ten-year low in London, but anxiety has spread beyond the capital as investors and developers are being forced to wait out the Brexit-fuelled uncertainty that’s swept the property development market. “The situation is unlikely to change any time soon, […]
Search Acumen Comments On MHCLG Planning Applications In England
Andy Sommerville, Director at Search Acumen, comments: “It’s been a strong year for housebuilding, but planning applications and grants have continued to fall – 2018/2019 has seen the biggest dip in applications for a decade. At this rate, a slowdown in housebuilding is inevitable. “While there is a dip in the time taken to grant […]
Search Acumen comments on Homes England Annual Housing Statistics
Search Acumen comments on Homes England Annual Housing Statistics Andy Sommerville, Director at Search Acumen, comments: “A buoyant market, a prosperous future – those are the phrases that spring to mind looking at today’s statistics. As Help to Buy continues to fuel new builds across the country, we’re expecting to see the numbers for new […]
Search Acumen Comments On RICS Residential Market Survey
Andy Sommerville, Director of Search Acumen, comments: “The latest RICS UK Residential Survey results point to overall market trends remaining stagnant, with indicators on demand, supply and prices all falling within negative territory, albeit less so than previously. “Consumer confidence has been consistently subdued as uncertainty sweeps the UK. As a result, there are few […]
Tech supports developers’ use of land, says Search Acumen on Land Use Change Statistics for 2017 – 2018
Andy Sommerville, Director of Search Acumen, comments: “Not only was it a strong year of house building in 2017/18 with more than 160,000 homes completed in England, but as today’s Land Use Change Statistics reveal, it was a smarter year as developers built 3,300 more homes on previously undeveloped land compared to 2016/17. “The desire […]
Search Acumen Comments On RICS Commercial Market Survey Q1 2019
Caroline Robinson, Commercial Real Estate Business Development Manager of Search Acumen, comments: “The commercial property sector faces significant upheaval in the coming years as occupier demand continues to decline across the board. “The demand for retail spaces is shrinking as customers move online and big name high street brands fall victim to online shopping. Demand […]
Search Acumen Comments On HMRC’s Monthly Property Transactions for March
Andy Sommerville, Director of Search Acumen, comments: “March traditionally sees a slight increase in property transactions, however, the constantly shifting Brexit deadline and the resulting ripple effect of uncertainty through UK markets has contributed to growth remaining flat last month. “But will property investors remain spooked until the UK has left the EU? There is […]
Search Acumen Launches Innovative Visualisation Solution To Fast-Track Commercial Property Due Diligence
SNaPS (Search of the National Polygon Service) is a first-of-its-kind service that instantly interrogates property boundaries and ownership data – allowing property lawyers to make immediate assessments and act earlier for their clients The new service uniquely draws together HM Land Registry (HMLR) datasets to provide property lawyers with an instant visual representation of title […]
Search Acumen Appoints Client Manager As It Expands Commercial Real Estate Business
Search Acumen, property data insight and technology provider, has appointed Charlotte Cripps to the role of Commercial Real Estate Client Relationship Manager as the business continues to enhance its work with legal firms in the commercial real estate market. Charlotte has over five years of experience working with real estate professionals and conveyancers and has […]
Search Acumen Comments on HMRC’s Monthly Property Transactions For February
Andy Sommerville, Director of Search Acumen, comments on HMRC’s monthly property transactions for February: “While residential property transactions remained relatively flat in February 2019, the number of monthly seasonally adjusted transactions has only been bettered once since the EU Referendum in 2016. “And the non-residential sector also tells a promising story: over the past month, […]
Going The Extra 133,000 Miles: Search Acumen Are First To Introduce Public Rights Of Way Data Within Property Insight Platform
For the first time, lawyers and property professionals can now digitally examine public pathways and footpaths that might affect transactions Instant access to Local Authority data now saves weeks in waiting time New dataset will help lawyers to make better, faster risk assessments to avoid costly reparations further into the property purchase The ForeSite […]
Search Acumen Comments On ONS Construction Output In Great Britain
Andy Sommerville, Director at Search Acumen, comments: “The UK commercial real estate sector was a rare bright spot in the last quarter of 2018, with new commercial work helping bring up otherwise poor construction figures. Property developers have spent the year worrying about just how bad the fallout from Brexit could be for the sector, […]
Search Acumen Joins Global Legal Blockchain Consortium
Search Acumen, the property data insight and technology provider, is delighted to join the Global Legal Blockchain Consortium (GLBC), a body formed of 125 large companies, law firms, software companies, and universities from around the world that have united together to develop standards to govern the use of Blockchain technology in the business of law. […]
